Parliamentary Search

Proceeding contribution from Lord Whitehead (Labour) in the House of Commons on Monday, 12 January 2009. It occurred during Debate on bill on Business Rate Supplements Bill.

Business Rate Supplements Bill

Has my right hon. Friend reflected, during his consideration leading to the introduction of the Bill, on the fact that the contribution to local government finance from the business rate has systematically declined as a proportion of the total amount of revenue coming in because of clauses in the original council tax legislation? Rises in the business rate are restricted to the rate of RPI inflation, so the contribution as a percentage of total income has declined over the years. Has he calculated what that effect has been, and what effect the business rate proposals may have on the total contribution by businesses to council tax revenue?

Secondary information

Type
Proceeding contribution
Reference
486 c44 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Disclosure of information Accountancy Companies Administration Costs Business Elizabeth line Greater London Greater London Authority Infrastructure Empty property Exemptions Economic growth Local government Local government finance Ports Public consultation Public expenditure Rates and rating Property Business rates Tax allowances Valuation Surcharges Tax collection Business improvement districts Community infrastructure levy Local authority business growth incentives scheme
Legislation
Business Rate Supplements Bill 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk